Nigeria seems to have landed a breakthrough as “world class and highly unusual” nickel deposits was said to have been discovered in the country by an Australian mining syndicate, headed by
According to a report by the Independent which quoted The Australian newspaper, “The discovery is unusual because the nickel is found in small balls up to 3mm in diameter of a high purity in shallow soils in what could be the surface expression of a much bigger hard-rock nickel field.
“The nickel balls, rumoured to grade better than 90 per cent nickel and thought to be a world first given their widespread distribution, offer the potential for early cash flow from a simple and low-cost screening operation to fund a full assessment of the find that has exploration circles buzzing.”
The nickel was said to have been discovered at a site close to Dangoma, in Kaduna State.
The Federal Government has not reacted to the report of the purported discovery, which if true, would be a relief to the country amid the economy challenges occasioned by the clash in global oil price.
Nigeria is believed to be is a country full of mineral resources, apart from vast stores of hydrocarbons in the Niger Delta and other areas yet to be discovered.
There are coal deposits, gold, lead, iron and other minerals in abundance in sites across the country.
And the minister of solid minerals, Dr. Kayode Fayemi, had stressed that the government will tap into the opportunities to give the economy a much-needed boost in the face of falling oil price, which has long been the mainstay of the country.